US stocks open higher as earnings season kicks off

Stocks opened higher Wednesday, one day after aluminum producer Alcoa kicked off the quarterly earnings season with a report that met expectations.

Five minutes into trade, the Dow Jones Industrial Average was up 33.55 points (0.25 percent) at 13,362.40.

The broad-based S&P 500 rose 4.26 (0.29 percent) to 1,461.41, while the tech-heavy Nasdaq Composite gained 7.62 (0.25 percent) at 3,099.43.

Alcoa, considered an economic bellwether because of its role in industrial production, posted an in-line profit of $0.06 per share after trade closed Tuesday.

Briefing analyst Patrick O'Hare said the market may take a "wait-and-see" approach Wednesday as it awaits a Thursday meeting of the European Central Bank and public comments from Federal Reserve officials.

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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3485-0.0017-0.12%
    USDSGD=X
    1.4718+0.0034+0.23%
    EURSGD=X
    2.0793+0.0021+0.10%
    GBPSGD=X
    91.2327+0.0795+0.09%
    SGDJPY=X
    5.7486+0.0074+0.13%
    SGDHKD=X
    2.6972+0.0019+0.07%
    SGDMYR=X
    9,786.5830-13.4551-0.14%
    SGDIDR=X
    4.6006+0.0061+0.13%
    SGDCNY=X
    1.0443-0.0002-0.02%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,188.00+1.10+0.09%
    GCM15.CMX
    16.750.00-0.01%
    SIN15.CMX
    68.69-2.56-3.59%
    ^XAU
    2.79+0.01+0.31%
    HGN15.CMX
    58.75+0.72+1.24%
    CLN15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.52-0.04
    ^FVX
    2.14-0.08
    ^TNX
    2.89-0.09
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.705+0.005+0.71%
    Q1P.SI
    0.295+0.005+1.72%
    5WA.SI
    0.815-0.010-1.21%
    N21.SI
    0.345+0.015+4.55%
    AFC.SI
    0.915-0.005-0.54%
    G13.SI
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    % Gainers
    NamePriceChange% Chg
    1.25+0.24+23.15%
    AYO.SI
    0.19+0.03+20.25%
    GJ8.SI
    0.30+0.05+17.65%
    AYE.SI
    0.149+0.014+10.37%
    L10.SI
    0.15+0.01+7.14%
    5MD.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.19-0.06-24.00%
    41H.SI
    1.295-0.235-15.36%
    AYN.SI
    1.49-0.29-16.29%
    AYB.SI
    0.123-0.015-10.87%
    5IF.SI
    0.375-0.040-9.64%
    AWK.SI